the same founders of both company. Without a fresh...

the same founders of both company.

Without a fresh re-capitalization, being adequately funded to undertake some proper drilling, they'll never be taken seriously. Even Lana Corina Special Holes are no longer able to generate any kind of pump to raise into.

I don't see anyone else being able to or is willing to stump up the $6mil + required.

Currently all they are doing is just rinsing and repeating the same play & dillution.

They have great potential in the project they have some major deep rooted structural issues within the company that they failed to sort out after almost 2 years.

what they raised will struggle to even see them get through the next 12 months and that is with less then 1qtr of drilling. Hell, they raised approximately 6months ago.

Borderline Red Flags